Earnings Alerts

SenseTime Group (20) Earnings: 1H Adjusted Net Loss Hits 2.33B Yuan, Ebitda Loss at 1.89B Yuan

  • SenseTime Group reported an adjusted net loss of 2.33 billion yuan for the first half of 2024.
  • The adjusted EBITDA loss for the same period was 1.89 billion yuan.
  • There are currently 12 buy ratings, 4 hold ratings, and no sell ratings for SenseTime Group’s stock.

SenseTime Group on Smartkarma

Analyst coverage on SenseTime Group by independent analysts on Smartkarma indicates varied sentiments. Brian Freitas predicts potential deletions for SenseTime Group in the upcoming HSCEI Index rebalance, with shorts surging in the company. Meanwhile, Sumeet Singh‘s analysis on a recent placement by SenseTime Group suggests opportunism in raising up to US$263m through a stake sale, despite recent challenges faced by the firm. Janaghan Jeyakumar, CFA, in a separate report, estimates the flow impact of low-conviction index changes, highlighting potential capping flows for the HSCEI index rebalance event in June 2024.

These reports offer insights into different aspects of SenseTime Group’s performance and strategic moves, providing investors with valuable perspectives to consider when evaluating their investment decisions. With analysts like Brian Freitas, Sumeet Singh, and Janaghan Jeyakumar, CFA, contributing research on Smartkarma, investors can access a range of opinions and analyses to better understand the potential opportunities and risks associated with SenseTime Group.


A look at SenseTime Group Smart Scores

FactorScoreMagnitude
Value4
Dividend1
Growth5
Resilience4
Momentum5
OVERALL SMART SCORE3.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analysts are optimistic about the long-term prospects of SenseTime Group based on the Smartkarma Smart Scores. With top scores in Growth and Momentum, the company is positioned well for future expansion and market performance. SenseTime Group excels in developing innovative artificial intelligence and computer vision software products, solidifying its position as a key player in the IT services sector.

Although the company’s Dividend score is lower, its strong performance in Value and Resilience indicates a solid foundation and potential for sustainable growth. Investors may view SenseTime Group as a promising opportunity given its high scores in key areas that reflect its market potential and ability to adapt to changing circumstances in the industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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